HPE Acquiring Juniper Networks For $14 Billion
Gestalt IT, Wednesday, January 10th, 2024
Two of the biggest players in the networking space are about to become one. Rumors started swirling on Monday evening that HPE was looking to acquire Juniper Networks and those rumors were confirmed yesterday.
HPE will be paying $40/share or approximately $14 billion for all of the company. Juniper started off as a huge player in the service provider space before making strategic acquisitions of companies like Mist Systems and Apstra to become a force in the wireless and data center networking space. The move has the networking analysts abuzz with potential for integration of AI software as well as complementary product lines.